Author: James Wilson
CryptoQuant data shows Nexo users borrowed nearly 1 billion dollars in a year and over 30% returned, suggesting managed deleveraging as Bitcoin, Ethereum, and Solana retreat. Summary CryptoQuant’s JA Maartun reports Nexo issued about 863 million dollars in credit, with users borrowing nearly 1 billion dollars from January 2025 to January 2026. Over 30% of Nexo users returned during the drawdown, a pattern analysts frame as risk being trimmed rather than a panic liquidation event. The flows come as Bitcoin, Ethereum, and Solana trade as high‑beta macro risk proxies, with crypto still closely tracking U.S. equity sentiment. Crypto lending platform…
Virginia’s crypto ATM regulation bill passed both state chambers and now awaits the governor’s signature. Summary Virginia approves crypto kiosk rules with licensing and limits. New users face 48-hour hold to prevent scam-related losses. Bill targets fraud as kiosks often mistaken for bank ATMs. The legislation creates statewide licensing requirements, consumer protections, and transaction limits while prohibiting operators from marketing kiosks as ATMs or using ATM-related language. Delegate Michelle Maldonado, the bill’s sponsor, cited scam cases across Virginia including a Southwest Virginia victim who lost $15,000 and incidents in Fairfax County. Scams account for approximately 7% of the crypto kiosk…
Chainlink’s price is stabilizing at key Fibonacci support, with oversold RSI readings and improving momentum pointing toward a potential relief rally into the $10 resistance zone. Summary $8.33 Fibonacci support is holding, confirming a short-term swing low RSI remains oversold, signaling selling pressure exhaustion Bullish momentum building, with $10 as the next key resistance Chainlink (LINK) price action is beginning to show constructive signs after an extended period of downside pressure. Following weeks of aggressive selling, LINK has established a clear swing low and is now attempting to build a base above a technically significant support zone. This shift comes…
PIPPIN price has shot up nearly 200% over the past week, driven by sharp demand from futures traders. Is the meme coin set to see more gains, or will it crash? Summary PIPPIN price rallied 200% over the past week, primarily driven by a spike in speculative trading. The meme coin has confirmed a rounded bottom pattern on the daily chart. According to data from crypto.news, the Pippin (PIPPIN) price rallied over 200% in the past 7 days to a high of $0.52, which is roughly 7% short of breaking past its previous all-time high of $0.55 hit last month.…
Pi Network price continued its strong downward trend this week and is nearing its lowest level on record as traders anticipated a big token unlock this week. Summary Pi Network price continued its strong downward trend last week. The network will unlock 82 million tokens in the next seven days. A potential catalyst for the coin is Kraken listing. Pi Coin (PI) token was trading at $0.1450 on Sunday, a few points above the all-time low of $0.1305. It has dropped by over 90% from its all-time high, erasing billions of dollars in value. Pi token may come under pressure…
Tether has built a portfolio of 140 investments spanning sectors from South American agriculture to a stake in Italian football club Juventus, according to a Financial Times report. Summary Tether holds 140 investments, from agriculture to Juventus, funded by USDT profits. The stablecoin giant plans 150 new hires as it builds a global “freedom tech stack.” Political ties and a $500B valuation push raise scrutiny over transparency and audits. The world’s largest stablecoin issuer expanded its workforce to 300 employees and plans to add another 150 staff over the next 18 months, mostly engineers. CEO Paolo Ardoino presented Tether’s vision…
Bitwise advisor Jeff Park attributed the February 5 crypto selloff to multi-asset portfolio deleveraging rather than crypto-specific factors. Summary February 5 selling was driven by multi-asset fund deleveraging, not crypto-native fear. CME basis trades unwound violently as pod shops de-grossed across portfolios. Short gamma and structured product hedging amplified downside despite ETF inflows. IBIT recorded 10 billion in trading volume, doubling its previous high, while options activity hit historic levels led by put contracts rather than calls. The crash saw Bitcoin (BTC) fall 13.2% yet IBIT posted $230 million in net creations with 6 million new shares, bringing total ETF…
Polygon price crashed and erased all the gains it made earlier this year despite its strong fundamentals, including its growing market share in the payment industry and its growing burn rate. Summary Polygon price has crashed and erased most of the gains it made earlier this year. Data shows that its payment transaction volume has soared in the past few months. Technical analysis suggests that the token will rebound in the coming weeks as it has formed a double-bottom pattern. Polygon (POL), whose ticker was previously known as MATIC, was trading at $0.095, down sharply from the year-to-date high of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockDag closes $453m presale ahead of Feb 16 listing as Remittix surges with 300% bonus and growing investor demand. Summary Remittix raises $28.9m and launches its crypto-to-fiat platform Feb. 9, drawing strong investor attention in 2026. CertiK-audited Remittix gains traction with live wallet access, real-world utility, and a limited 300% bonus offer. Over 703m tokens sold as Remittix positions itself as a leading PayFi project bridging crypto and fiat payments. The crypto market is buzzing, especially with the recent…
Marathon Digital Holdings, one of the largest publicly traded Bitcoin mining companies, has recently executed a significant on-chain movement of Bitcoin worth roughly $87 million amid a broader sell-off in crypto markets. Summary Marathon Digital moved 1,318 BTC worth about $87 million over a 10-hour period, with funds sent to institutional counterparties, custodial wallets, and a newly created address, according to Arkham data. The transfers came amid a sharp pullback in Bitcoin prices, which briefly dipped toward $60,000, increasing pressure on bitcoin miners. The on-chain activity coincided with a nearly 19% drop in MARA shares in a single Nasdaq session,…